Real estate: the Energy Performance of Buildings Directive (EPBD) - Navigating compliance & opportunities

Over the past decade, the focus on environmental issues has grown exponentially, resulting in various global commitments initiatives aimed at transforming current institutional, economic, and financial models.

The Energy Performance of Buildings Directive (EPBD) is a cornerstone of the EU’s Green Deal and Fit for 55 package, aiming to decarbonise buildings, improve energy efficiency, and support the transition to net-zero buildings.

This directive introduces stricter energy performance stards, renovation obligations, and digital building passports. Compliance is crucial, but it also presents business opportunities, from green financing to innovation in energy-efficient real estate.

This training will help you navigate regulatory requirements, compliance risks, strategic opportunities for sustainable building transformation.

Duration: 2h

Language: Available in English

Number of participants: up to 15

Available as intra-company course (i.e. dedicated session on demand)

Objectives

By the end of this training, participants will:

  • understand the EPBD framework, objectives, and key measures;
  • learn regulatory obligations for real estate owners, developers, and financial institutions;
  • identify compliance challenges and transition risks;
  • explore business opportunities in energy-efficient retrofitting, financing, and sustainability leadership;
  • gain insights into the future of energy performance standards and digital building reporting.

Content

Introduction to the Energy Performance of Buildings Directive (EPBD)

  • What is EPBD, why is it critical for the EU’s climate goals?
  • Link to Fit for 55, EU Green Deal, Renovation Wave strategy
  • Key milestones and implementation timeline

Key regulatory pillars of the EPBD

  • Zero-emission building requirements - Stricter energy performance standards
  • Minimum Energy Performance Stards (MEPS) - Mandatory renovations for low-rated buildings
  • Energy Performance Certification (EPC) updates - Stricter requirements and harmonisation across the EU
  • Digital building logbooks & renovation passports - Tracking energy efficiency and sustainability data
  • Solar energy mandates for new and existing buildings
  • Support mechanisms - EU funding & financial incentives for renovations

Compliance challenges and business impact

  • Impact on building owners, real estate investors, and facility managers
  • Financial implications - Renovation costs, stranded asset risks, access to green financing
  • Data and reporting obligations - Digitalisation of energy performance data
  • Regulatory enforcement and penalties - What happens if non-compliance occurs?

Opportunities: business strategies for energy-efficient buildings

  • Leveraging green financing and sustainability-linked loans
  • Tech innovations in energy efficiency (smart meters, IoT, AI-driven energy optimisation)
  • Competitive advantages - Higher asset valuation, tenant demand, and ESG investment appeal

Next steps for businesses

  • Regulatory readiness: what to do now to ensure compliance?
  • Aligning internal teams: collaboration between real estate, finance, sustainability, and compliance departments

Target audience

  • Real Estate owners and investors
  • Facility and property managers
  • Sustainability and ESG managers
  • Finance and risk professionals (Green Finance, Loans, ESG Ratings)
  • Building developers, architects and engineers
  • Regulatory and compliance teams

Our lead experts

This training is coordinated by Pierre Wauthier, Frédéric Vonner and Michael Horvath, Partners at PwC Luxembourg.

Over his career, Pierre has acted as advisor to decision-makers and senior executives in real estate organisations of every size. He is well versed in several areas of the real estate industry, with a focus on technical, sustainability, occupiers’ topics and transaction management.

Pierre is a trusted real estate advisor with strong market coverage and extensive integration in the Luxembourg real estate network. Of note is that he was previously part of engineering firms as well as financial and legal consulting firms at managerial level, resulting in a unique combination of background and skills.

From daily operations to regulatory compliance, Frédéric Vonner, Partner, has been helping local and global asset managers, fund service providers and banks for, nearly 20 years, to successfully run their businesses. Areas of focus: UCITS, AIFMD and GDPR regulations, PE and RE, organisation setup and review, project management.

Frédéric also engaged on the sustainability and sustainable finance matters, delivering assignments ranging from strategy and regulatory compliance to practical implementation.

He is an experienced trainer and course designer /facilitator for soft skills and technical trainings.

Michael has acquired a strong financial and regulatory audit as well as advisory background and significant experience leading projects in the asset management sphere.

In the recent past, Michael has been particularly involved in various regulatory projects related to the implementation of the EU regulatory framework for sustainable finance (i.e. SFDR, taxonomy regulation, CSRD) at entity and product level. Michael is involved in various other regulatory projects for clients, from DORA, AML/CFT regulation over CSSF circular 18/698 to MICA.

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